In last year’s report I mentioned that it had been a difficult year for fundraising. This year has been a different story – a bit of a breakthrough year - with record levels of investment into our National Homelessness Property Fund 2 (NHPF2) and Resonance Community Developers (RCD). This investment has come mainly from local and central government, but we were also delighted to see two new Local Government Pension Schemes (LGPS) added to our growing number of investors. The London Borough of Hackney Pension Fund and the Gloucestershire County Council Pension Fund have both invested in NHPF2. These investments will enable us to provide homes for some of the 131,000 households (including over 169,000 children) currently stuck in temporary accommodation in England alone¹.
This year marked another exciting milestone as we began purchasing properties in Gloucestershire, a new region for us — and have recently welcomed the first tenants into their new homes. This achievement is a direct result of our growing partnership with Developing Health and Independence (DHI), whose passion, local expertise and commitment have been instrumental in making this possible.
I hope you enjoy reading our report.
Daniel Brewer
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Resonance Limited is a company registered in England and Wales no. 04418625
Resonance Impact Investment Limited, a subsidiary of Resonance Limited, is authorized and regulated by the Financial Conduct Authority (FCA). Firm number 588462.
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